dowjones

QQQ x GLD – The perfect portfolio?

Take a look at this chart: If we ignore the dip during the peak of the Coronavirus lockdowns, both have experienced high double-digit returns for the year. The NASDAQ and Gold have returned around 30% Year to date – and...

New Zealand Dollar plunges, S&P500 surges

The New Zealand dollar has fallen against the US Dollar as New Zealand records new community transmitted cases since the last time 102 days ago. The New Zealand dollar has fallen over 0.75% over the past two days from its...

Equity market pushes downward on US Coronavirus fears

Tech and consumer equities lead the charge downwards as fears that the recovery has stalled in the US emerges. The NASDAQ is down 2.33% today, with the SP500 and Dow Jones down 0.66% and 0.7%. Priced-to-perfection tech stocks, even with...

US Non-Farm Payroll posts 4.8 Million Jobs in June.

United States Non-Farm Payroll posts 4.8 Million jobs in June, beating analysts' expectations of a 3 million gain. The unemployment rate also fell to 11.1% in June, forecasted at 12.5%....

Gold Futures break $1800 as Coronavirus case surge

Gold Futures broke $1,800 yesterday, reaching a high of $1,804 on the Comex in New York after a surge of new Coronavirus cases alongside inflationary fears....

Should you just buy the tech dip?

NASDAQ retreats from its all-time high as Coronavirus cases in the United States reaches record highs. States in the South and the West, such as California, Texas, and Arizona, reach record daily highs for Coronavirus cases, hindering their ability to...

The market is on edge

Have you ever woken up in the middle of the night after hearing a noise? You lie in bed with your ears listening in, but the sound is gone. However, you can't sleep because you don't know whether if/when that...

Week Ahead: Rates, Jobs, GDP and CPI Data

The Financial Markets have a heavy data week ahead. With geopolitical tensions ratcheting up, and concerns turning to how governments will slowly pull back their unprecedented support, we are starting to see how the world reacts to a post-Covid world....

Markets are mixed while currencies range

Markets the US and around the world are mixed as investors and traders take a cautious stance on the economy. NASDAQ edges a 0.29% gain, while the S&P 500 and Dow Jones ended lower at 0.78% and 1.09%, respectively. AUS...
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